Ultimate Software Group : Ultimate reports Q2 2016 financial results . Q2 GAAP earnings per share $0.06 . Q2 revenue $186.5 million versus I/B/E/S view $187.1 million . Q2 earnings per share view $0.76 -- Thomson Reuters I/B/E/S . Q2 non-GAAP earnings per share $0.76 . Ultimate Software Group Inc sees Q3 recurring revenues of approximately $165 million . Ultimate software group inc sees Q3 total revenues of approximately $197 million . Sees FY 2016 recurring revenues to increase by approximately 26 pct over 2015 . Inc sees q3 operating margin, on a non-GAAP basis of approximately 19 pct . Q3 revenue view $194.5 million -- Thomson Reuters I/B/E/S . Sees FY 2016 total revenues to increase by approximately 26 pct over 2015 .Sees FY 2016 operating margin, on a non-GAAP basis, of approximately 21 pct.